RF Acquisition Corp III (NASDAQ:RFAMU – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 3,912 shares. Based on an average trading volume of 1,072 shares, the short-interest ratio is presently 3.6 days.
RF Acquisition Corp III Trading Down 0.0%
Shares of RFAMU stock opened at $10.19 on Friday. The stock has a 50-day moving average price of $10.08 and a 200 day moving average price of $10.02. RF Acquisition Corp III has a 12 month low of $9.87 and a 12 month high of $10.89.
About RF Acquisition Corp III
RF Acquisition Corp III is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol RFAMU. The company was formed to identify and complete a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses.
As a blank-check company, RF Acquisition Corp III does not have significant ongoing operating activities, products, or services of its own. Its primary activities involve evaluating potential acquisition targets and pursuing a transaction that would allow a private company to become publicly traded.
Publicly available information about the company’s specific target industries, geographic focus, and leadership is limited.
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